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Jimmy Patronis: Florida Returned More than $24 Million in Unclaimed Property in January

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Since Patronis took office in July of 2017, more than $1.1 billion has been returned to Floridians in Unclaimed Property.

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On Wednesday, state Chief Financial Officer (CFO) Jimmy Patronis announced that more than $24 million in unclaimed property was returned to Floridians last month.

Since Patronis took office in July of 2017, more than $1.1 billion has been returned to Floridians in Unclaimed Property.

“I am thrilled to announce that during the month of January, we returned more than $24 million back to Floridians in unclaimed property. Since the fiscal year began, we have returned more than $218 million, which is especially important now more than ever. As we continue to endure the economic impacts of COVID-19, I will do everything I can to financially help Floridians get through these tough times. I encourage all Floridians to search now for unclaimed property at FLTreasureHunt.gov,” Patronis said on Wednesday.

Unclaimed Property is a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions. Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.

See also  Property Insurance News: State CFO Reminds Floridians to Utilize New Program to Combat Rising Home Insurance Rates

To search for unclaimed property or to claim an account, go online to FLTreasureHunt.gov.

January 2021 Unclaimed Property Returns by Region

• Pensacola – $432,700
• Panama City – $184,700
• Tallahassee – $838,700
• Jacksonville – $1,145,500
• Gainesville – $336,700
• Orlando – $3,671,100
• Tampa/St. Pete – $5,738,200
• Fort Myers/Naples – $1,549,000
• West Palm Beach – $3,309,000
• Miami – $6,995,700

 

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    Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

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Ed Dean is a leading radio and news media personality including hosting the #1 statewide radio talk show in Florida. Contact Ed.Dean@FloridaDaily.com

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